Question: Setup Cost = $483 per setup Holding cost = $1.48 per unit per week Week 1 2 3 4 5 6 7 8 9 10

Setup Cost = $483 per setup

Holding cost = $1.48 per unit per week

Week 1 2 3 4 5 6 7 8 9 10 11 12
Requirements 303 123 492 324 381 469 278 153 438 340 113 430
Order Quantity 303
Beg. Inventory
End Inventory
Setup Cost
Holding Cost
Total Holding Cost

Determine the holding cost for Week 1.

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